In the spirit of being positive, let’s bring a little light in to the sometimes gloomy world that is FAR. What is the general consensus on Senegal?
I get the feeling that the merger with FLOW has turned the focus to the East. These blocks look very interesting, but are we forgetting about Senegal?
I am a firm believer that the decree is coming, but it seems that we will have to wait until after the election in Feb 2012. With the decree in hand, JVPs will magically appear (I think Ophir will extend their signing on the dotted line until after the decree). After that I cannot see why a hole cannot be drilled by the end of 2012. Take into account also GB, FAR should have 2-4 holes in the West before the East is up and running.
With FLOW, FAR has many more (Jamaica reads well) options, but lets not put the cart before the horse, West Africa is what is going to make this company and the East can be the icing on the cake (Jamaica can be a whole other cake :)).
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Open | High | Low | Value | Volume |
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2 | 14999 | 0.480 |
1 | 10000 | 0.475 |
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Price($) | Vol. | No. |
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0.495 | 1786 | 1 |
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